On October 10, company's Board has approved voluntary delisting of the company's equity shares from Madras and Ahmedabad stock exchanges.
"...Effective October 20, 2014, the equity shares of the Company have been delisted from MSEL in terms of SEBI (Delisting of Equity shares) Regulations, 2009 for voluntary delisting," FTIL said in a filing to the BSE.
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FTIL, a software company, had exit the commodity exchanges business after regulator FMC declared it 'unfit' to run any bourses after the NSEL scam surfaced.
Meanwhile, on October 21 government had ordered merger of scam-ridden National Spot Exchange Ltd with its parent firm FTIL to help investors, hit by a Rs 5,600-crore "fraud" at the bourse, get back their money using resources of entire group.
Shares of the company closed at Rs 182.30 apiece on the BSE, down by one per cent from the previous day.
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